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Side-by-side financial comparison of Mayville Engineering Company, Inc. (MEC) and OPKO HEALTH, INC. (OPK). Click either name above to swap in a different company.
OPKO HEALTH, INC. is the larger business by last-quarter revenue ($148.5M vs $134.3M, roughly 1.1× Mayville Engineering Company, Inc.). Mayville Engineering Company, Inc. runs the higher net margin — -3.2% vs -21.1%, a 17.8% gap on every dollar of revenue. On growth, Mayville Engineering Company, Inc. posted the faster year-over-year revenue change (10.7% vs -19.2%). Mayville Engineering Company, Inc. produced more free cash flow last quarter ($10.2M vs $-28.6M). Over the past eight quarters, OPKO HEALTH, INC.'s revenue compounded faster (-7.5% CAGR vs -8.8%).
Mayville Engineering Company, Inc. is a U.S.-headquartered leading manufacturer of metal components, fabricated assemblies, and custom engineered solutions. It serves OEM clients across agriculture, construction, transportation, defense, and power sports markets, offering end-to-end services from prototyping to high-volume production for North America.
OPKO Health, Inc. is a medical test and medication company focused on diagnostics and pharmaceuticals. The company is a publicly traded company on NASDAQ and TASE under the symbol "OPK".
MEC vs OPK — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $134.3M | $148.5M |
| Net Profit | $-4.4M | $-31.3M |
| Gross Margin | 6.8% | 43.1% |
| Operating Margin | -4.1% | -25.8% |
| Net Margin | -3.2% | -21.1% |
| Revenue YoY | 10.7% | -19.2% |
| Net Profit YoY | -127.3% | -322.8% |
| EPS (diluted) | $-0.22 | $-0.04 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $134.3M | $148.5M | ||
| Q3 25 | $144.3M | $151.7M | ||
| Q2 25 | $132.3M | $156.8M | ||
| Q1 25 | $135.6M | $150.0M | ||
| Q4 24 | $121.3M | $183.6M | ||
| Q3 24 | $135.4M | $173.6M | ||
| Q2 24 | $163.6M | $182.2M | ||
| Q1 24 | $161.3M | $173.7M |
| Q4 25 | $-4.4M | $-31.3M | ||
| Q3 25 | $-2.7M | $21.6M | ||
| Q2 25 | $-1.1M | $-148.4M | ||
| Q1 25 | $20.0K | $-67.6M | ||
| Q4 24 | $16.0M | $14.0M | ||
| Q3 24 | $3.0M | $24.9M | ||
| Q2 24 | $3.8M | $-10.3M | ||
| Q1 24 | $3.2M | $-81.8M |
| Q4 25 | 6.8% | 43.1% | ||
| Q3 25 | 11.0% | 32.9% | ||
| Q2 25 | 10.3% | 31.5% | ||
| Q1 25 | 11.3% | 28.4% | ||
| Q4 24 | 8.9% | 46.1% | ||
| Q3 24 | 12.6% | 23.1% | ||
| Q2 24 | 13.6% | 28.4% | ||
| Q1 24 | 13.0% | 24.2% |
| Q4 25 | -4.1% | -25.8% | ||
| Q3 25 | 0.0% | 31.7% | ||
| Q2 25 | 0.1% | -38.3% | ||
| Q1 25 | 1.2% | -44.8% | ||
| Q4 24 | 19.0% | -18.0% | ||
| Q3 24 | 4.2% | 8.2% | ||
| Q2 24 | 5.0% | -33.9% | ||
| Q1 24 | 4.7% | -41.2% |
| Q4 25 | -3.2% | -21.1% | ||
| Q3 25 | -1.9% | 14.3% | ||
| Q2 25 | -0.8% | -94.7% | ||
| Q1 25 | 0.0% | -45.1% | ||
| Q4 24 | 13.2% | 7.6% | ||
| Q3 24 | 2.2% | 14.3% | ||
| Q2 24 | 2.3% | -5.7% | ||
| Q1 24 | 2.0% | -47.1% |
| Q4 25 | $-0.22 | $-0.04 | ||
| Q3 25 | $-0.13 | $0.03 | ||
| Q2 25 | $-0.05 | $-0.19 | ||
| Q1 25 | $0.00 | $-0.10 | ||
| Q4 24 | $0.76 | $0.02 | ||
| Q3 24 | $0.14 | $0.03 | ||
| Q2 24 | $0.18 | $-0.01 | ||
| Q1 24 | $0.16 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.5M | $364.4M |
| Total DebtLower is stronger | — | $344.0M |
| Stockholders' EquityBook value | $240.7M | $1.3B |
| Total Assets | $563.6M | $1.9B |
| Debt / EquityLower = less leverage | — | 0.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.5M | $364.4M | ||
| Q3 25 | $1.2M | $412.0M | ||
| Q2 25 | $206.0K | $267.3M | ||
| Q1 25 | $183.0K | $428.8M | ||
| Q4 24 | $206.0K | $426.6M | ||
| Q3 24 | $178.0K | $400.1M | ||
| Q2 24 | $314.0K | $40.6M | ||
| Q1 24 | $314.0K | $75.6M |
| Q4 25 | — | $344.0M | ||
| Q3 25 | — | $344.2M | ||
| Q2 25 | — | $343.3M | ||
| Q1 25 | — | $439.2M | ||
| Q4 24 | — | $437.2M | ||
| Q3 24 | — | $441.0M | ||
| Q2 24 | — | $201.9M | ||
| Q1 24 | — | $350.1M |
| Q4 25 | $240.7M | $1.3B | ||
| Q3 25 | $244.8M | $1.3B | ||
| Q2 25 | $246.8M | $1.3B | ||
| Q1 25 | $250.0M | $1.3B | ||
| Q4 24 | $251.8M | $1.4B | ||
| Q3 24 | $238.4M | $1.4B | ||
| Q2 24 | $238.1M | $1.4B | ||
| Q1 24 | $234.0M | $1.3B |
| Q4 25 | $563.6M | $1.9B | ||
| Q3 25 | $585.6M | $2.0B | ||
| Q2 25 | $433.7M | $2.0B | ||
| Q1 25 | $447.7M | $2.1B | ||
| Q4 24 | $445.6M | $2.2B | ||
| Q3 24 | $466.0M | $2.3B | ||
| Q2 24 | $488.2M | $2.0B | ||
| Q1 24 | $499.9M | $2.0B |
| Q4 25 | — | 0.27× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.26× | ||
| Q1 25 | — | 0.33× | ||
| Q4 24 | — | 0.32× | ||
| Q3 24 | — | 0.31× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.28× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $13.4M | $-25.9M |
| Free Cash FlowOCF − Capex | $10.2M | $-28.6M |
| FCF MarginFCF / Revenue | 7.6% | -19.3% |
| Capex IntensityCapex / Revenue | 2.4% | 1.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $26.9M | $-190.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.4M | $-25.9M | ||
| Q3 25 | $1.9M | $-34.6M | ||
| Q2 25 | $15.0M | $-83.4M | ||
| Q1 25 | $8.3M | $-34.6M | ||
| Q4 24 | $38.0M | $-44.4M | ||
| Q3 24 | $17.9M | $-77.1M | ||
| Q2 24 | $23.3M | $-26.4M | ||
| Q1 24 | $10.6M | $-35.6M |
| Q4 25 | $10.2M | $-28.6M | ||
| Q3 25 | $-1.1M | $-37.8M | ||
| Q2 25 | $12.5M | $-86.7M | ||
| Q1 25 | $5.4M | $-37.7M | ||
| Q4 24 | $35.6M | $-49.8M | ||
| Q3 24 | $15.1M | $-85.0M | ||
| Q2 24 | $19.2M | $-33.7M | ||
| Q1 24 | $7.8M | $-40.0M |
| Q4 25 | 7.6% | -19.3% | ||
| Q3 25 | -0.8% | -24.9% | ||
| Q2 25 | 9.5% | -55.3% | ||
| Q1 25 | 4.0% | -25.2% | ||
| Q4 24 | 29.4% | -27.1% | ||
| Q3 24 | 11.1% | -49.0% | ||
| Q2 24 | 11.7% | -18.5% | ||
| Q1 24 | 4.9% | -23.0% |
| Q4 25 | 2.4% | 1.8% | ||
| Q3 25 | 2.1% | 2.1% | ||
| Q2 25 | 1.8% | 2.1% | ||
| Q1 25 | 2.2% | 2.1% | ||
| Q4 24 | 1.9% | 2.9% | ||
| Q3 24 | 2.1% | 4.6% | ||
| Q2 24 | 2.5% | 4.0% | ||
| Q1 24 | 1.7% | 2.6% |
| Q4 25 | — | — | ||
| Q3 25 | — | -1.60× | ||
| Q2 25 | — | — | ||
| Q1 25 | 416.65× | — | ||
| Q4 24 | 2.38× | -3.17× | ||
| Q3 24 | 6.03× | -3.10× | ||
| Q2 24 | 6.15× | — | ||
| Q1 24 | 3.28× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MEC
| Fabrication | $72.2M | 54% |
| Construction And Access | $19.2M | 14% |
| Tubes | $16.2M | 12% |
| Other Market | $11.9M | 9% |
| Agriculture | $7.7M | 6% |
| Military | $6.7M | 5% |
| Outdoor Sports | $1.7M | 1% |
OPK
| Services | $71.1M | 48% |
| Transfer Of Intellectual Property And Other | $33.7M | 23% |
| IE | $22.1M | 15% |
| Rayaldee | $8.8M | 6% |
| Barda Agreement | $6.8M | 5% |
| MX | $6.3M | 4% |
